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<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>What do you think the monthly dues upper
limit is ???<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Steve Gordon<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, April 17, 2009 8:34
PM<br>
<b><span style='font-weight:bold'>To:</span></b> 'Eagle East Flying Club Core
Team'<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: buy in calculation<o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Not only is that risky, but it’s
nearly as prohibitive as the upfront buy-in. $176/month is a whole
different ballgame than $55/month – it’s more than double. If
anything I’d build it into the hourly rate, but that would mean an
additional $30/hr for the first 400 (hopefully) hours. However,
that’s very close to rental rates which might just as easily turn members
off.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>-Steve<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Bob Irving<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, April 17, 2009 8:20
PM<br>
<b><span style='font-weight:bold'>To:</span></b> 'Eagle East Flying Club Core
Team'<br>
<b><span style='font-weight:bold'>Subject:</span></b> buy in calculation<o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Just
throwing this out there …..<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>It
occurs to me that if $1450 buy-in is the deal killer for most people (I’m
sure it will) – should we risk collecting the DP and the engine reserve
on a monthly basis ? In other words – should we let some members
pay their $1450 over a twelve month period ? That means they pay $121 per
month reserve, $55 per month dues and $60 per hour to fly. Monthly outlay
becomes $176 and hourly rate is $60. Risky if our plane does not go to
TBO or if we use up the remaining 400 hrs in less than a year. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>If
we continued the same numbers in year 2 we would build up substantial cash for
additional equipment. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Bob<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
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